Shlomtsiyon 12 in Ramat Gan

Name: 📣 300$ — discount certificate
Start: 2020-04-30T11:09:25.362425+00:00
End: 2023-12-31T23:59:59+0000
Location: Shlomtsiyon 12

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Project info

Object ID: 6977

Finished at	July 2021
Price, m²	From 8100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	10
Apartments	20
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

243,000$

Net profit

5,906$

Payback period

30.0 years

Avg property value increase per year

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About the project

The Shlomzion 12 project is a project that will be built within the 38/24 TAMA. The existing building will be demolished and a new 9-story building and only 20 apartments will be built in its place.

In the building a variety of apartments 3, 4 and 5 rooms elevator, parking and designed lobby.

Shlomzion is a quiet street, within walking distance to the park and the Merom Nave shopping mall, a quick exit to Highway 4, Champion Field, Givatayim and Tel Aviv.

Developer

Israish Investments was established in 2007 by Mr. Guy Sasson and is engaged in real estate development. The company has undertaken many div…
Details about Isramis Investments Ltd.